Shanghai Zhangjiang Hi-Tech Park Development Third Quarter 2024 Earnings: EPS: CN¥0.16 (vs CN¥0.24 in 3Q 2023)

Simply Wall St

October 31, 2024

Shanghai Zhangjiang Hi-Tech Park Development (SHSE:600895) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥457.1m (down 62% from 3Q 2023).
Net income: CN¥244.7m (down 34% from 3Q 2023).
Profit margin: 54% (up from 31% in 3Q 2023).
EPS: CN¥0.16 (down from CN¥0.24 in 3Q 2023).

earnings-and-revenue-history — SHSE:600895 Earnings and Revenue History October 31st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Shanghai Zhangjiang Hi-Tech Park Development Earnings Insights

Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

The company's shares are up 9.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Shanghai Zhangjiang Hi-Tech Park Development (of which 1 is significant!) you should know about.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.